Why Investors Should Care More About the Fortune 500 Than the S&P 500

In any given year, around 330 companies are included in both the S&P 500 index of large-cap U.S. stocks and the Fortune 500. But the differences between the lists matter in the market. Since 1996, publicly traded Fortune 500 companies have outperformed the S&P by 0.5 percentage points annually, according to Barclays, and using an […]

The Occidental-Anadarko Petroleum Merger’s Crude Truth About Oil Prices

On the last Friday in April, Warren Buffett got a call from Brian Moynihan, the CEO of Bank of America, asking if he would back Occidental Petroleum‘s underdog bid for rival oil driller Anadarko. Two days later, Occidental CEO Vicki Hollub was making the pitch herself, having flown to Omaha to appeal directly to the […]